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Dec 26, 2012
12/12
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obama and congress can not agree on a stopgap measure, automatic hikes and spending cuts will hit americans jan 1. peter doocy live in washington with more on this peter, what is the latest? >> reporter: gregg, the president said on friday he would see it this week and maybe if lawmakers went back to home districts to drink eggnog and eat cookies and sing christmas carols maybe they would be more in touch with the hardship so many americans are going to face if the fiscal cliff is not avoided. >> there is a mismatch right now between how everybody else is thinking about these problems. democrats and republicans, outside of this town and how folks are operating here and we've just got to get that aligned. >> reporter: the president's wife and daughters are going to stay in hawaii to continue vacationing. we're told the president may rejoin them or he may not. it all depends on how negotiations progress in the next few days. gregg: well, you know what, peter? there's not lost love between boehner and president obama. are they going to meet? >> reporter: they might, gregg. the speaker is expec
obama and congress can not agree on a stopgap measure, automatic hikes and spending cuts will hit americans jan 1. peter doocy live in washington with more on this peter, what is the latest? >> reporter: gregg, the president said on friday he would see it this week and maybe if lawmakers went back to home districts to drink eggnog and eat cookies and sing christmas carols maybe they would be more in touch with the hardship so many americans are going to face if the fiscal cliff is not...
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Dec 27, 2012
12/12
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CSPAN
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obama's spending being higher than the bush years. that is not true. the deficit which increases our debt grew so much under obama because he put both wars into the budget. george bush kept him out of the budget -- them out of the budget. was not paying for them, so things looked good. in the first few years of the obama administration, he created more jobs than george bush did in eight years. was theush's, at surpluses are for spending. -- comment was the surpluses are for spending. the put us in massive debt, left it on obama. -- he put us in massive debt, left it on obama. these people sit here and watch these idiots on tv say these things are not true. and then they go and push based on what they're hearing instead of looking into the fact of the matter. host: mr. forbes? guest: i did make mention that spending did increased dramatically under george bush. no matter how you account for the wars, domestic spending under president obama increased very substantially to the point that it is the highest it has been without a world war. theses why we're
obama's spending being higher than the bush years. that is not true. the deficit which increases our debt grew so much under obama because he put both wars into the budget. george bush kept him out of the budget -- them out of the budget. was not paying for them, so things looked good. in the first few years of the obama administration, he created more jobs than george bush did in eight years. was theush's, at surpluses are for spending. -- comment was the surpluses are for spending. the put us...
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Dec 26, 2012
12/12
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his plan would also include short-term spending cuts instead of long-term deals that have been sought. president obama will cut short his hawaiian vacation around return to washington today to take part in those negotiations. christmas day the president and first lady met with servicemembers and families. the president told marines he was grateful for their service and posed for pictures. >>> more bay area headlines. one of santa's helpers put in a little overtime on christmas but instead of a sleigh and reindeer, san jose postal worker nancy ray used this a mail truck. ray is carrying on a decades old tradition of delivering packages to people on christmas. this is the third year ray has put her sant suit. she started working in the san jose post office 20 years ago and said this is a job she always wanted. >> some books, two things of presents. >> a relatively new christmas tradition continues in richmond as hundreds showed up at the community center. volunteers handed out food, presents and warm clothes to the city's less fortunate. the program known as christmas in richmond was st
his plan would also include short-term spending cuts instead of long-term deals that have been sought. president obama will cut short his hawaiian vacation around return to washington today to take part in those negotiations. christmas day the president and first lady met with servicemembers and families. the president told marines he was grateful for their service and posed for pictures. >>> more bay area headlines. one of santa's helpers put in a little overtime on christmas but...
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Dec 30, 2012
12/12
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WBAL
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potentially catastrophic spending cuts start kicking in. lawmakers spent much of the day behind closed doors plotting strategy. president obama blamed the impasse on republicans. >> the way they are behaving is there on the priority is making sure the tax breaks for the wealthiest americans are protected. >> on sunday, the president talked about his plan b. he wants the senate to vote on extending tax cuts to everyone but the rich. >> if the republicans baca, middle-class taxes will go a. >> a political showdown with only one certainty, tomorrow night's deadline. the president has a plan c, reversing the effects of the cliff on january 4 when the new congress is in town. >> if america does fall off the fiscal cliff, maryland would be hit hard. hundreds of millions of dollars and tens of thousands of jobs lost. sarah sampson continue our coverage. >> maryland has very strong ties to the federal government. lots of federal workers and businesses that rely on the federal workers. all of them are keeping a close eye on negotiations. according t
potentially catastrophic spending cuts start kicking in. lawmakers spent much of the day behind closed doors plotting strategy. president obama blamed the impasse on republicans. >> the way they are behaving is there on the priority is making sure the tax breaks for the wealthiest americans are protected. >> on sunday, the president talked about his plan b. he wants the senate to vote on extending tax cuts to everyone but the rich. >> if the republicans baca, middle-class...
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Dec 26, 2012
12/12
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FBC
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now, obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you for coming, grover. we hope to see you in the new year. christmas sales were weaker than expected. so now retailers have to give shoppers deeper discounts. in a new proposal to help struggling homeowners. don't worry, the government will take care of you. we will explain coming up next ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an all
now, obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you for coming, grover. we hope to see...
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Dec 29, 2012
12/12
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FOXNEWSW
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tax hikes and deep spending cuts. and here we go again, more snow headed to the the northeast, where a major winter storm already dumped several inches on inland areas. snarling roads, canceling hundreds of holiday flights. two powerful systems expect today come up the east coast by today, from south carolina to new york already issues severe weather warnings. i'm heather childers, now back to bulls and bears and for your latest weather headlines, log on to foxnews.com. you're watching the most powerful name in news. >> canceled, that's what thousands of ticked off holiday travelers are seeing on airport monitors this week. and while the nasty weather is to be blamed, toby says we should blame government regulations. >> here is a fact when it's a $27,000 fine if you're on the tarmac for more than three he hours in a minute which i was about two and a half years ago before they did this, what happens is, they get fined $27 grand per passenger and now they're doing, what they call in the industry the economic kill and l
tax hikes and deep spending cuts. and here we go again, more snow headed to the the northeast, where a major winter storm already dumped several inches on inland areas. snarling roads, canceling hundreds of holiday flights. two powerful systems expect today come up the east coast by today, from south carolina to new york already issues severe weather warnings. i'm heather childers, now back to bulls and bears and for your latest weather headlines, log on to foxnews.com. you're watching the most...
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Dec 28, 2012
12/12
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obama has stimulus spending built in. they are not far apart. [ overtalk ] >> eric: boehner can get $1 million and below -- just dance is because -- listen, you can't blame that on democrats. republicans would not come in -- >> andrea: how dare they do that to a guest. >> disgusted. >> kimberly: welcome to the program. >> we're out of time now. >> kimberly: time for a word from our sponsors. political fall-out. people are saying, blame the democrats and republicans. the democrats are winning the messaging here. who is to blame? >> correct me if i'm wrong. conventional wisdom is when all is said and done, obama will look well. what he doesn't care about is the popularity boost in the polls. what the president cares sabt the legacy. what happens when it's said and done, if the economy tankss and blows it, that is part of the legacy. >> juan: that is exactly right. >> kimberly: invested in getting something done here. >> eric: that is what they want everyone to believe if they get something done it's better for the economy.
obama has stimulus spending built in. they are not far apart. [ overtalk ] >> eric: boehner can get $1 million and below -- just dance is because -- listen, you can't blame that on democrats. republicans would not come in -- >> andrea: how dare they do that to a guest. >> disgusted. >> kimberly: welcome to the program. >> we're out of time now. >> kimberly: time for a word from our sponsors. political fall-out. people are saying, blame the democrats and...
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Dec 30, 2012
12/12
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>> it depends if he turns into bill clinton or remains barack obama. clinton understood his legacy, was what was important and he would be remembered as somebody who was good on the economy, as a democrat. guess what? he wasn't a typical democrat. he was forced to change. a lot of it had to do with the fact that the congress changed. we have divided government. if the president wants the same old, same old, he will get t. the republicans won't cave. it's equal branchings of government. they control two-thirds and it takes three to tango, the senate, white hussein. >> eric: terrific debate. >> heather: who is leading in the tango, that's what we don't know. congressional leaders are trying to come up with that deal, with less than two days before massive tax hikes and spending cuts kick in and small businesses are already being affected. companies have no idea how much more they are going to owe uncle sam next year. that is affecting how they are doing business right now. we have those details from the new york city newsroom. >> reporter: many small, ow
>> it depends if he turns into bill clinton or remains barack obama. clinton understood his legacy, was what was important and he would be remembered as somebody who was good on the economy, as a democrat. guess what? he wasn't a typical democrat. he was forced to change. a lot of it had to do with the fact that the congress changed. we have divided government. if the president wants the same old, same old, he will get t. the republicans won't cave. it's equal branchings of government....
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Dec 27, 2012
12/12
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WBAL
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after spending part of his christmas holiday visiting troops in hawaii, president obama to resume but the talks. congressional aides said the holiday did not bring much progress and form on the initiations have yet to be scheduled. the senate is to attend the session thursday. when the house will reconvene is still uncertain. >> we were talking about the debt ceiling and it came down the 12 hour, the final few minutes before the deadline to get a full-fledged a grim past. >> some economists fear the combination of budget cuts and higher taxes could trigger another recession, as consumers cut back on spending. others said the deadline is not as firm. congress could pass a temporary measure early in the new year doubled will back any changes. political analysts warn some consequences may be immediate. there may be a tremendous response from financial markets and the stock market. that would alarm everybody. stock prices are hearty dropping friday after a plan -- are already dropping after a plan. a poll shows nearly half of americans are doubtful the sides can settle their differences.
after spending part of his christmas holiday visiting troops in hawaii, president obama to resume but the talks. congressional aides said the holiday did not bring much progress and form on the initiations have yet to be scheduled. the senate is to attend the session thursday. when the house will reconvene is still uncertain. >> we were talking about the debt ceiling and it came down the 12 hour, the final few minutes before the deadline to get a full-fledged a grim past. >> some...
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Dec 26, 2012
12/12
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president obama spending the last few hours in hawaii relaxing before he heads back to washington to hope to get a deal and avoid the fiscal cliff. we look at what happens if the deal does not happen. spoiler alert, it will cause you money. grapevine, david gregory could be in trouble for a segment on his sunday show. we show you what happened. "special report" starts at 6:00 p.m. eastern standard time. now back to new york and "the five." ♪ ♪ ♪ >> kimberly: is it a horrible offense to be too good look? apparently so in iowa. they ruled a dentist james night had a right to fire his dental assistant melissa nelson for being too irresistible. and a perceived threat to his marriage. nelson worked in the office for ten years said she viewed knight as father figure and was fired after his wife complained about his infatuation with her. >> after working for so many years side-by-side, i didn't have any idea that that would have crossed his mind. i think it sends a message that men can do whatever they want in the workforce. >> kimberly: not nice. but apparently the iowa supreme court
president obama spending the last few hours in hawaii relaxing before he heads back to washington to hope to get a deal and avoid the fiscal cliff. we look at what happens if the deal does not happen. spoiler alert, it will cause you money. grapevine, david gregory could be in trouble for a segment on his sunday show. we show you what happened. "special report" starts at 6:00 p.m. eastern standard time. now back to new york and "the five." ♪ ♪ ♪ >> kimberly: is...
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Dec 30, 2012
12/12
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do you want the government to do nothing about spending? are you happy with obama care? most would say no. but in the end the choice was between a president who said things aren't great, but i'm going to still try to make them better, and a guy who he painted as not having a plan and not identifying with the average wants and needs of most middle class americans and in the end people decided to stick with the devil they knew rather than the one they didn't. >> so the republican defeat was big, but it wasn't overwhelming in the sense of a repute yags, in your view, of the republican platform or their agenda. >> no, and i think the reason -- look. this country did have the opportunity to once again hand controlled government to democrats. everyone in the house was up for re-election, and yet they continued to givene republicans the majority. they like divided government, and they have to look at the states who elected the very conservative governors who are doing the exact opposite of what barack obama is doing at the federal level. jay dan, there are real implications, co
do you want the government to do nothing about spending? are you happy with obama care? most would say no. but in the end the choice was between a president who said things aren't great, but i'm going to still try to make them better, and a guy who he painted as not having a plan and not identifying with the average wants and needs of most middle class americans and in the end people decided to stick with the devil they knew rather than the one they didn't. >> so the republican defeat was...
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Dec 30, 2012
12/12
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spending built in there. these guys are not far apart. but what we have -- >> the problem -- [overlapping dialogue] >> boehner can get a million dollars -- >> no, no. that's because -- you can't blame that on the democrats [overlapping dialogue] >> how dare they do this to a guest. how dare you? >> welcome tote program. >> thank you very much. >> we are out of time now. [laughter] >> now a word from our sponsors. i want to ask you about political fallout. a lot of people are saying -- let's blame the democrats or the republicans. right now, it seems the democrats are winning the messaging game here. but who will be to blame if we go over the cliff? >> correct me if i am wrong -- especially you -- but it seems like the conventional wisdom, when wh all is said and done, obama will come out looking nice. but right now, what he doesn't care about is a popularity boost in the polls. what ultimately the president cares about, like all presidents, is the legacy. what happens after all of this is said and done, four
spending built in there. these guys are not far apart. but what we have -- >> the problem -- [overlapping dialogue] >> boehner can get a million dollars -- >> no, no. that's because -- you can't blame that on the democrats [overlapping dialogue] >> how dare they do this to a guest. how dare you? >> welcome tote program. >> thank you very much. >> we are out of time now. [laughter] >> now a word from our sponsors. i want to ask you about political...
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Dec 28, 2012
12/12
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WUSA
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in ten days across h board-spends cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. >> they have to have their milk. we might have to cut elsewhere. >> reporter: back then the process was more laborious and farmers needed a higher subsidy to cover their costs. dan sumner says the new price of milk will with far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> here's the problem. they don't want chaos. it sounds good, everybody will double or about triple the price but nobody's going to pay for it. >> shoppers couldn't understand why congress couldn't solve
in ten days across h board-spends cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. >> they have to have their milk. we might have to cut elsewhere....
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Dec 29, 2012
12/12
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spending built in there. these guys are not far apart. but what we have -- >> the problem -- [overlapping dialogue] >> boehner can get a million dollars -- >> no, no. that's because -- you can't blame that on the democrats [overlapping dialogue] >> how dare they do this to a guest. how dare you? >> welcome tote program. >> thank you very much. >> we are out of time now. [laughter] >> now a word from our sponsors. i want to ask you about political fallout. a lot of people are saying -- let's blame the democrats or the republicans. right now, it seems the democrats are winning the messaging game here. but who will be to blame if we go over the cliff? >> correct me if i am wrong -- especially you -- but it seems like the conventional wisdom, when wh all is said and done, obama will come out looking nice. but right now, what he doesn't care about is a popularity boost in the polls. what ultimately the president cares about, like all presidents, is the legacy. what happens after all of this is said and done, four
spending built in there. these guys are not far apart. but what we have -- >> the problem -- [overlapping dialogue] >> boehner can get a million dollars -- >> no, no. that's because -- you can't blame that on the democrats [overlapping dialogue] >> how dare they do this to a guest. how dare you? >> welcome tote program. >> thank you very much. >> we are out of time now. [laughter] >> now a word from our sponsors. i want to ask you about political...
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Dec 28, 2012
12/12
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KRON
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and spending cuts from kicking in. they only have four days to reach an agreement or the u.s. economy will go over the so- called fiscal cliff. that's when automatic tax increases and spending cuts would take effect. reaching a deal before then what be easy. right now both sides are involved in a high-stakes political blame game. >> we in washington are working while the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president i would be happy to look at whatever he proposes but the truth is we're coming against a hard deadline here. i said this is a conversation we should have had months ago. >> former president george h. w. bush is still in intensive care at a hospital in houston with a stubborn fever. the family is, that he will be out of the i see you sound. the chief of staff said supporters a note yesterday including " he would ask me to tell you please put the sharks back in the closet " the 88 ye
and spending cuts from kicking in. they only have four days to reach an agreement or the u.s. economy will go over the so- called fiscal cliff. that's when automatic tax increases and spending cuts would take effect. reaching a deal before then what be easy. right now both sides are involved in a high-stakes political blame game. >> we in washington are working while the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds...
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Dec 27, 2012
12/12
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MSNBCW
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if you look two years ago at the ratio obama was proposing spending cuts versus revenue. it was four to one. now it's one to one. >> you have that $1 trillion already passed. >> you do. but i think the credit the tea party gets for shifting that debate wag overblown. >> but it was deficit reduction versus short-term spending at the start of 2010. and it immediately moved to deficit reduction and how to do it. and that was a very fundamental, important shift in the conversation. >> we have to go, but -- we have to go, but i heard that after the show, sam stein will be on twiner. you can be there, too. >> we can get together. >> we have another important item, though, which is the biggest hurdle arguably to president obama's second term agenda. that's something you're probably never going to hear about, literally. people think of the filibuster as a talk athon to stop action in the senate. but nowadays it has been attacked with a constant extreme of silent filibusters. up next, the talking filibuster ahead live. >>> time for the your business preer oes weeks. amber and mark
if you look two years ago at the ratio obama was proposing spending cuts versus revenue. it was four to one. now it's one to one. >> you have that $1 trillion already passed. >> you do. but i think the credit the tea party gets for shifting that debate wag overblown. >> but it was deficit reduction versus short-term spending at the start of 2010. and it immediately moved to deficit reduction and how to do it. and that was a very fundamental, important shift in the...
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Dec 31, 2012
12/12
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and that host is capping flak if not asking the tough questions on taxes and spending and follow-up >> politics is always messy. people have asked me about the film "lincoln" and --. >> is this your lincoln moment? >> no, i never compare myself to lincoln. and, obviously the magnitude of the issues are quite different from the civil war and slavery. >> how accountable are you for the fact that washington is not getting anything done? >> if you look at my track record over the last two years, i cut spending by over $1 trillion in 2011. >> and now, what do you think of how the media is treating the president as we muddle through this fiscal mess? >> it is a consequential time, the president has to answer tough questions about the toughest questions of our time and he sits down with "meet the press" and the president and the white house believes this is his opportunity to speak to america, to speak broadly. what he did, he used the interview to stand it will be republicans' fault if we go over the cliff. the reporter did not push back and asked him only, do you bear some fault, but, al
and that host is capping flak if not asking the tough questions on taxes and spending and follow-up >> politics is always messy. people have asked me about the film "lincoln" and --. >> is this your lincoln moment? >> no, i never compare myself to lincoln. and, obviously the magnitude of the issues are quite different from the civil war and slavery. >> how accountable are you for the fact that washington is not getting anything done? >> if you look at my...
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Dec 28, 2012
12/12
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obama to suggest i've cut a trillion in spending because he saved money on the wars in afghanistan is gimmicks. they a work. >> i have to be honest, it's both sides. it strikes me these lawmakers on either side don't have a real fix to what we're looking at, the national debt, screaming out of control. we're going to exceed that limit on monday night. >> i wouldn't disagree but look at the facts. we did have a republican controlled congress that passed a bill. if reid didn't like the bill, let it go for debate. let his senate vote it down and say no, we're not going to accept these conditions. >> let me ask you this, then. interesting question. president obama gets his own deal, sends it over to the republicans, they have the same dilemma. >> well, they may. but i think you would at least see a fair dee beat. look, i think the average american realizes we have to cut spending. you know the numbers. >> craig, i have to ask you -- i have to stop you. i don't think they do. we ran a package yesterday, we sent the producer out on the street, showed people how much more they would pay in t
obama to suggest i've cut a trillion in spending because he saved money on the wars in afghanistan is gimmicks. they a work. >> i have to be honest, it's both sides. it strikes me these lawmakers on either side don't have a real fix to what we're looking at, the national debt, screaming out of control. we're going to exceed that limit on monday night. >> i wouldn't disagree but look at the facts. we did have a republican controlled congress that passed a bill. if reid didn't like...
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Dec 24, 2012
12/12
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president obama spending holidays in beautiful hawaii where reports now surfaced where he is looking to strike a smaller fiscal deal that would extend tax cuts for the middle class but not tackling any spending cuts. chief white house correspondent ed henry is live in honolulu with more. ed, for the first time, people like joe lieberman are saying i really think we'll go over the cliff. what do you hear? >> reporter: it's a real possibility, you're right. we're a week out. people on both sides have been talking this thing to death. it might need a christmas miracle at this point to avoid going off the cliff. the president scaled back plan basically would extend unemmoment benefits for two million people who will lose them a week after christmas if there is no deal. he also wants to extend tax cuts for 98% of americans. you heard him talk about that again and again. that level of $250,000 or less. the republicans have not afreed to that on the hill obviously. when you talk to folks like senator lindsey graham, they say the big issue is not taxes, it is spending cuts. take a listen. >>
president obama spending holidays in beautiful hawaii where reports now surfaced where he is looking to strike a smaller fiscal deal that would extend tax cuts for the middle class but not tackling any spending cuts. chief white house correspondent ed henry is live in honolulu with more. ed, for the first time, people like joe lieberman are saying i really think we'll go over the cliff. what do you hear? >> reporter: it's a real possibility, you're right. we're a week out. people on both...
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president obama released a statement shortly after the senate vote. it reads in part "tonight's agreement ensures that going forward we will continue to reduce the deficit through a combination of new spending cuts and new revenues from the wealthiest americans. i will continue to fight every day on behalf of the middle class and those fighting to get into the middle class to forge an economy that grows from the middle out, not from the top down." >>> that vote may not come right
president obama released a statement shortly after the senate vote. it reads in part "tonight's agreement ensures that going forward we will continue to reduce the deficit through a combination of new spending cuts and new revenues from the wealthiest americans. i will continue to fight every day on behalf of the middle class and those fighting to get into the middle class to forge an economy that grows from the middle out, not from the top down." >>> that vote may not come...
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Dec 28, 2012
12/12
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KTVU
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economists hope they'll come up with a plan to avoid automatic tax increases and government spending cuts. some fear the meet as good just for show, however a big development with the senate minority leader. he spoke directly with the president for the first time in negotiations. >> i told the president we would be happy to look at whatever he proposes but the truth is we're coming up against a hard dead line here and as i said, this is a conversation we should have had months ago. >> the main sticking point is who should pay more in taxes. democrats want a hike on households making more than $400,000 a year and republican aids say their leaders might get on board with that offer. >>> meanwhile if they aren't able to avoid the fiscal cliff people here in alabama will be especially hard hit. that's because prop 30 will soon mean higher sales taxes and higher income taxes on the state's top earners, the fiscal cliff would add to that hitting all american with higher taxes. >> i don't know if there's a word to describe how upset the public is going to be. nobody's going to be happy to s
economists hope they'll come up with a plan to avoid automatic tax increases and government spending cuts. some fear the meet as good just for show, however a big development with the senate minority leader. he spoke directly with the president for the first time in negotiations. >> i told the president we would be happy to look at whatever he proposes but the truth is we're coming up against a hard dead line here and as i said, this is a conversation we should have had months ago....
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Dec 27, 2012
12/12
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obama and congress can reach a new deal by the new year, deep spending cuts will be taking effect. and while the president takes his flight back here to d.c., the first lady and their daughters are staying in hawaii. >> the first couple sat down with our very own barbara walters before their vacation. we pick up their conversation with talk about their family. >> i want to talk a bit about the girls. we've been watching them grow up from little girls to young ladies. malia recently got her first cell phone. do you monitor it and see who she calls or who she texts? >> i give my daughter, i give her a long rope, and there is monitoring, because we have rules. but monitoring may be, you never know when i'm going to walk in your room and i'm going to ask you who are you talking about and are you talking about school work? >> and they're not very good at lying. we joke sometimes about how malia is getting to the age now, boys start calling and sort of -- i always talk about how one of the main things about running again was continuing secret service protection. >> mr. obama, there is a
obama and congress can reach a new deal by the new year, deep spending cuts will be taking effect. and while the president takes his flight back here to d.c., the first lady and their daughters are staying in hawaii. >> the first couple sat down with our very own barbara walters before their vacation. we pick up their conversation with talk about their family. >> i want to talk a bit about the girls. we've been watching them grow up from little girls to young ladies. malia recently...
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Dec 26, 2012
12/12
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dramatic spending cuts will kick in. president obama and congress will be back from vacation tomorrow. but will anything get done? >>> plus, wild winter weather sweeping through the country. we'll bring you the latest details on which part of the u.s. could be hit next. cnbc's "worldwide exchange" starts now. >>> and welcome to a special edition of reside worldwide. ross andcle reoff today for boxes day in -- kelly are off today for boxing day. for now, you is us. >> we'll start with a brief check on the markets. energy and metals are trading higher now, wtis up about 55 cents. brent crude up 65 cents. also want to check in on the gold price, as well. gold right now down about slightly under the flat line there, 1,-658. well below the 1,700 mark. the cme globex has been closed for christmas. it's going to reopen at 6:00 a.m. eastern time. that goes for treasuries and the foreign exchange market, as well. >> as for action in the overseas markets, the u.k. is closed today for boxing day as are some of the former brish colo
dramatic spending cuts will kick in. president obama and congress will be back from vacation tomorrow. but will anything get done? >>> plus, wild winter weather sweeping through the country. we'll bring you the latest details on which part of the u.s. could be hit next. cnbc's "worldwide exchange" starts now. >>> and welcome to a special edition of reside worldwide. ross andcle reoff today for boxes day in -- kelly are off today for boxing day. for now, you is us....
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Jan 1, 2013
01/13
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. >>> looking beyond the senate deal, president obama is warning republicans that if they want future spending cuts, they're going to have to provide more tax revenue as well. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone -- and you hear that sometimes coming from them, that sort of after today we're just going to try to shove only spending cuts down -- well, shove spending cuts at us. if they think that's going to be the formula for how we solve this thing, then they've got another think coming. >> that midday news conference didn't go over well with a lot of republicans, and they said that the president's sometimes mocking tone, as they felt it was, could hurt the fiscal cliff deal in the house. >> as i sort out my impressions of the president's remarks as to whether to be angry or to saddened. we have the president of the united states go over and have a cheerleading ridiculing of republicans exercise. >> let's bring in democratic strategist and former edwards communications director chris ka fiance and republican strategist and
. >>> looking beyond the senate deal, president obama is warning republicans that if they want future spending cuts, they're going to have to provide more tax revenue as well. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone -- and you hear that sometimes coming from them, that sort of after today we're just going to try to shove only spending cuts down -- well, shove spending cuts at us. if they think that's going to be the...
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Dec 29, 2012
12/12
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. >> over the past month, president obama has been spending a lion's share of his time negotiating with speaker boehner, that did not work. what can you tell us about the key individuals involved in the process now, president obama, senator majority leader harry reed and mitch mcconnell. what is the tone? >> it's all about the senate right now, that is one of the more remarkable developments. all along we thought it would be between the obama white house and house speaker john boehner and there was a logic behind that. because getting legislation out of the house is the trickier part of crafting any type of deal. but with the house saying look, we need the senate to do something, the last ditch effort is occurring in the senate right now. i spoke to staffers close to senator mcconnell that said there was optimism on their side yesterday, including from their boss, senator minority leader mitch mcconnell to get a deal. of course, any kind of word in reading from the members themselves will not come until tomorrow, but it's both chris and luke that said in the segment before mine, there i
. >> over the past month, president obama has been spending a lion's share of his time negotiating with speaker boehner, that did not work. what can you tell us about the key individuals involved in the process now, president obama, senator majority leader harry reed and mitch mcconnell. what is the tone? >> it's all about the senate right now, that is one of the more remarkable developments. all along we thought it would be between the obama white house and house speaker john...
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Dec 27, 2012
12/12
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KPIX
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they have less than five days to come to agreement before tax hikes and spending cuts kick in. senate majority leader harry reid has a plan to let tax cuts expire for households making more than $250,000 a year along with short-term spending cuts instead of the long-term cuts that would happen if there is nodule. >> the american people are waiting for the ball to drop but it's not going to be a good drop because americans' taxes are approaching the wrong direction. >> reporter: negotiations between president obama and house republican leaders stalled last week. the house is now leaving it up to the democratic-controlled senate to solve the problem before the new year deadline. in addition to the "fiscal cliff," treasury secretary timothy geithner warned congress that the u.s. is close to hitting its debt limit of $16.4 trillion. geithner saved the government will take steps to allow more burrough after december 31. danielle nottingham, cbs news, washington. >>> let's look now at the markets. stocks fell sharply by 55 and change. the drop is attributed to consumer confidence fal
they have less than five days to come to agreement before tax hikes and spending cuts kick in. senate majority leader harry reid has a plan to let tax cuts expire for households making more than $250,000 a year along with short-term spending cuts instead of the long-term cuts that would happen if there is nodule. >> the american people are waiting for the ball to drop but it's not going to be a good drop because americans' taxes are approaching the wrong direction. >> reporter:...
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Dec 25, 2012
12/12
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FOXNEWSW
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president obama is there spending time with his family for the holiday and yesterday he went golfing before heading to the beach with the first lady and their daughters. aides say the president will have to return to washington in a day or two to deal with you know what the fiscal crisis. chief house correspondented spayeed henry is in hawaii with the president. i assume if there were any conversations between the president and the speaker we would be advised. >> they say there have not been any more calls, no contact between the high school and the speaker. that is a sign that there's been no major progress. they say that the lines of communication are still open between the president's staff, the peaker's staff. also now the circle is widening a little bit and it's including senate staff, because given what happened late last week where speaker boehner's so-called plan b fail in the house there is now momentum to try and get something going in the senate right after christmas and maybe possible something there, some sort of a stop-gap measure, hope they can pass it in the house. th
president obama is there spending time with his family for the holiday and yesterday he went golfing before heading to the beach with the first lady and their daughters. aides say the president will have to return to washington in a day or two to deal with you know what the fiscal crisis. chief house correspondented spayeed henry is in hawaii with the president. i assume if there were any conversations between the president and the speaker we would be advised. >> they say there have not...
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Dec 28, 2012
12/12
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WJLA
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president obama and congressional leaders will meet this afternoon at the white house in a last-ditch effort to avoid a self-inflicted fiscal calamity. this is the first meeting between the power plays in six weeks. if they can't work out some kind of agreement automatic tax hikes and spending cuts will go into affected new year's day, which will impact most americans and will put the nation back into recession. >> we are coming up against a hard deadline. >> at today's meeting, president obama will push for a stop gap measure, a small deal that will at least prevent tax increases for those earning $250,000 or less. but even that seems unlikely. >> the american people have a right to be very upset with this congress. >> publicly, both sides have ratcheted up rhetoric, pointing the finger. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> the only reason why democrats have been trying to defect -- deflect attention over the past few weeks is they did not have a plan of their own. >> the path for the rest in the hands
president obama and congressional leaders will meet this afternoon at the white house in a last-ditch effort to avoid a self-inflicted fiscal calamity. this is the first meeting between the power plays in six weeks. if they can't work out some kind of agreement automatic tax hikes and spending cuts will go into affected new year's day, which will impact most americans and will put the nation back into recession. >> we are coming up against a hard deadline. >> at today's meeting,...
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Jan 1, 2013
01/13
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but the other big obama prize is no spending cuts. i mean, a few republicans are going to give in on this position you have held for decades, what are you going to get in return for? remember that great "wall street journal" article where john boehner says, i'm putting all this revenue on the table. what am i going to get? barak obama says, you get nothing. i get it for free. that's what happened. >> brian: that's what happened so far. it's amazing because if the president actually wanted to balance the budget, he would be doing cuts. it doesn't seem like he's playing for the same goal as the average american, politics aside. >> we have one side that wants higher taxes and one side that wants lower spending. they're banging into each other. >> brian: thanks for coming in. >> thank you. >> steve: happy new year. >> brian: straight ahead, president obama wanted congress to get raises. but most americans think they're doing a very bad job. will lawmakers see more money in their paychecks? there is an update. >> steve: kind of a diplomay
but the other big obama prize is no spending cuts. i mean, a few republicans are going to give in on this position you have held for decades, what are you going to get in return for? remember that great "wall street journal" article where john boehner says, i'm putting all this revenue on the table. what am i going to get? barak obama says, you get nothing. i get it for free. that's what happened. >> brian: that's what happened so far. it's amazing because if the president...
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Dec 27, 2012
12/12
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when you study the obama budget that would increase to 32%. that's where the problem has to i am emanate from. the spending side of our budget is 62% of what we spend money on. it's not just about defense or discretionary. >> is there any indication the president's deal, that he may come back with, will address spending? i haven't heard substantial spending cuts out of any deals on the left. >> absolutely you are not hearing that whatsoever. when i listen to senator chuck schumer say the president ran on raising taxes and says he won, we should do that, i have to tell you i'm not such and idiotic person to follow someone off into the abyss. this is a political gimmick the president ran on. he did win the election but when you look at the house, the republicans maintain their majority there and that's where revenue bills emanate from. >> we have to leave it there. always great to have you. >> happy new year. >> you too. amid all this fighting in washington, my next guest has a plan to fight the nation's debt and it doesn't rely on congress at a
when you study the obama budget that would increase to 32%. that's where the problem has to i am emanate from. the spending side of our budget is 62% of what we spend money on. it's not just about defense or discretionary. >> is there any indication the president's deal, that he may come back with, will address spending? i haven't heard substantial spending cuts out of any deals on the left. >> absolutely you are not hearing that whatsoever. when i listen to senator chuck schumer...
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Jan 1, 2013
01/13
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KPIX
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the big cliff still lies in front of us. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush-era tax cuts remain in place for individuals earning as much as $400,000 a year, far above the 250,000 level on which president obama campaigned. but those making more will see higher income taxes, capital gains, plus a new health care reform surtax. rob wood says you'll notice in your paycheck one popular tax cut will be history. >> the average person, say, earning $50,000 a year is going to pay about $1,000 more in payroll taxes in 2013. >> reporter: the fiscal cliff agreement also increases taxes on estates worth more than $5 million and extends unemployment benefits for one year and keeps the child tax credit for workers who don't earn enough to pay income taxes. the alternative minimum tax got a pat for inin addition. that shields 33 million taxpayers. even with the budge
the big cliff still lies in front of us. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush-era tax cuts remain in place for individuals earning as much as $400,000 a year, far above the 250,000 level on which president obama campaigned. but those making...
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Dec 31, 2012
12/12
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hope of reaching a wide-ranging deal in automatic spending increases and tax cuts is all but gone. spending would be reduced and cuts would be felt in all areas of the government. economies have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal, one that might spare millions of americans from paying her taxes. danielle nottingham reporting now from washington. >> lawmakers are still working on it. >> i want everyo one to know i' willing to get this done but i need dance partner. >> the main sticking point between democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we deal with the deficit in a serious way, but the way they're behaving is that their only priority i
hope of reaching a wide-ranging deal in automatic spending increases and tax cuts is all but gone. spending would be reduced and cuts would be felt in all areas of the government. economies have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal, one that might spare millions of americans from paying her taxes. danielle nottingham reporting now from washington. >>...
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Dec 24, 2012
12/12
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president obama spending the christmas holidays in hawaii, but it's not all fun in the sun. still looming as i've just talked about is this large fiscal cliff as the deadline gets closer, and now there are reports surfacing that the president is looking to strike a partial deal that would extend tax cuts for the middle class while holding off on spending cuts. chief white house correspondent ed henry has the luxury of reporting live in honolulu, hawaii. ed it seems for the first time we might really go off the fiscal cliff which is something that you or so many of us in washington never believed would happen. >> reporter: you're right, kelly. i mean for the longest time there was an expectation in both parties there would be a lot of fighting but right up against the christmas holiday they would finally somehow work this out. that is traditionally what happens on capitol hill. this time as you say leaders in both parties now bracing for the real possibility that we will go off that fiscal cliff, and that tax increases will go across the board for everybody, basically, go bac
president obama spending the christmas holidays in hawaii, but it's not all fun in the sun. still looming as i've just talked about is this large fiscal cliff as the deadline gets closer, and now there are reports surfacing that the president is looking to strike a partial deal that would extend tax cuts for the middle class while holding off on spending cuts. chief white house correspondent ed henry has the luxury of reporting live in honolulu, hawaii. ed it seems for the first time we might...
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Jan 1, 2013
01/13
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president obama said he would have preferred a grand bargain that solved all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. [ laughter ] >> it may be we can do it in stages. >> reporter: negotiations have been going on all day. lawmakers and aides moving back and forth between meeting rooms here on capitol hill on what is normally a quiet new year's eve. the major sticking upon the now is spending. the president suggested lawmakers make action on deficit reduction in the next few months and that more tax revenue could be involved in those discussions. but republicans are furious at that possibility. >> i'm willing to support revenues to deal with this problem. the overall problem. but what i will not grow to is using revenues to replace spending reductions. >> reporter: even if the senate approves the deal by midnight the house still has to pass the measure before the president can sign it into law. the house left earlier this evening, but it doesn't matter in terms of the "fiscal cliff" agreement b
president obama said he would have preferred a grand bargain that solved all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. [ laughter ] >> it may be we can do it in stages. >> reporter: negotiations have been going on all day. lawmakers and aides moving back and forth between meeting rooms here on capitol hill on what is normally a quiet new year's eve. the major sticking upon the now is...
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Dec 30, 2012
12/12
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those $700 billion, and all went to obama care. it was saved as part of a big spending program. here in washington people say cut while things grow. it is like having a freeze that is water and when it freezes, it expands. we have grown 100% in 12 years. the government is bigger and unless we do something now the government will continue to get bigger and the deficit will get bigger, even if we raise taxes on everyone there is still a huge deficit. if we do not take on spending, the fiscal cliff will be a downward slide to make us like greece, no longer a viable economic power. >> that was from the program " state of the union, close with this morning. a number of members of the house are point to try to make their way back for votes this evening at 6:30. the house taking up some 13 bills. here is how david hocking's of "congressional quarterly" termed this house session -- " >> nothing on the fiscal cliff, however. we will keep you posted on that. the senate gaveling out shortly for that caucus meeting in particular. taking a look at your twitter messages,-tag is fiscal cliff.
those $700 billion, and all went to obama care. it was saved as part of a big spending program. here in washington people say cut while things grow. it is like having a freeze that is water and when it freezes, it expands. we have grown 100% in 12 years. the government is bigger and unless we do something now the government will continue to get bigger and the deficit will get bigger, even if we raise taxes on everyone there is still a huge deficit. if we do not take on spending, the fiscal...
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Dec 28, 2012
12/12
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WUSA
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president obama returned to the white house yesterday and is said to be calling congressional leaders to meet today. the senate was in session yesterday but didn't offer any new fiscal cliff solutions. the house is still on vacation. >>> so here are few tips to make your smart phone last longer and that could save you money. just like your car regular maintenance on the phone can help you get more mileage out of it. now first experts suggest get rid of all the apps that you are not using. because they take up a lot of memory. you can always reinstall them later. text messages, e-mails, voice mails, photos, they can also chip away at your memory as well. >> they're not really running down your battery but you might find that you want to get rid of them and you'll have a lot more space for other things that you do use and listen to like apps and music. >> okay you do with this your computer clearing the cache that's going to improve your phone's memory or the phone's performance. to do that, you have to go to the settings of the specific applications such as your browser to clear that o
president obama returned to the white house yesterday and is said to be calling congressional leaders to meet today. the senate was in session yesterday but didn't offer any new fiscal cliff solutions. the house is still on vacation. >>> so here are few tips to make your smart phone last longer and that could save you money. just like your car regular maintenance on the phone can help you get more mileage out of it. now first experts suggest get rid of all the apps that you are not...
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Dec 25, 2012
12/12
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FBC
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the obama plan, to the speakersi boehner plan, it will either o alter the rising rate of spending were less than the science of our bloated government. the answer in tonight "chalk talk" is coming up so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. lou: you know, everybody's getting pretty excited about that fiscal cliff negotiation or impasse, however you want to3 style it. mayi want t showu, lou: everybody is getting re ofed about the fiscal clifft, negotiation. i thought i would show you what thuld happen if we change into the speaker boehner plan, the president obama plan, let's start out with the do-nothing plan because that's the plan we0 have right now. the cbo estimates fiscal year 2013 deficit will be, well,lionf $104 trillion f
the obama plan, to the speakersi boehner plan, it will either o alter the rising rate of spending were less than the science of our bloated government. the answer in tonight "chalk talk" is coming up so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run...
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Dec 28, 2012
12/12
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CSPAN
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i get tired of hearing obama was campaigning about we need to get a hold on spending. yet he comes back around with a $1.2 trillion budget. the other thing is harry reid has not voted on over 40 bills the republicans and put up there. he blames the republicans. i stopped you were supposed to bring bills up there and talk about them and vote on them. they have not passed a budget in over four years. why are they not being held responsible for that? guest: i think that's the beauty of being senate majority leader is you get to decide what comes to the floor and what does not. that's what makes him such a powerful figure. it's a complaint with your often from republican leaders in the house is the senate legislation that would help the deficit, in their view, would create more jobs, and the democrats incentive not acted. the democrats in the senate say they are partisan bills that don't have democratic support and we disagree with what their impact would be, so we are not going to vote on them. that's why the majority leader harry reid -- or senate leader harry reid will
i get tired of hearing obama was campaigning about we need to get a hold on spending. yet he comes back around with a $1.2 trillion budget. the other thing is harry reid has not voted on over 40 bills the republicans and put up there. he blames the republicans. i stopped you were supposed to bring bills up there and talk about them and vote on them. they have not passed a budget in over four years. why are they not being held responsible for that? guest: i think that's the beauty of being...
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Dec 26, 2012
12/12
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MSNBCW
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likely scenario being a partial deal and maybe spending the first few weeks in january to hammer out something more concrete and long-term? >> absolutely. what may happen and what a lot of economists and others have been predicting for a month or so is maybe we go over a cliff for a couple of days, there after they do decide to stop the tax hikes on 98% of the people. it makes it easier for republicans to then vote for that. they are not voting for a tax hike. they are voting to lower taxes on 98% of americans after we go over the cliff. after we go over the cliff, that may be what puts pressure on a number of members to coming to o to have a deal after the fact. >> on our air a few minutes ago, this is what she said about the tax increase including both boehner's plan b and the plans that are here by the white house. take a listen. >> i think it is essential that we start talking about what amount can be passed on a bipartisan basis. i am to believe she shouldn't tax anyone right now. i would have supported plan b. >> how can the white house make a deal or tax increase palatable to
likely scenario being a partial deal and maybe spending the first few weeks in january to hammer out something more concrete and long-term? >> absolutely. what may happen and what a lot of economists and others have been predicting for a month or so is maybe we go over a cliff for a couple of days, there after they do decide to stop the tax hikes on 98% of the people. it makes it easier for republicans to then vote for that. they are not voting for a tax hike. they are voting to lower...
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Dec 28, 2012
12/12
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to craft a deal to avert looming tax hikes and spending cuts. with most of the hoist members on vacation until sunday night, no plan in sight. how much can actually be accomplished. susan fereccio joins us now. chief congressional correspondent for the "washington examiner". we're seeing dianne feinstein there on the senate floor. it is vacant on the house side. so in truth how much is really going to get done? >> well, gregg, a lot of this negotiations are really taking place between the leadership levels right now. we don't really have to worry about what is happening on the house floor. it's about what is going on at the white house. now, the president today is going to meet with congressional leaders from both parties, both chambers. they will sit down. they will talk about a potential deal. the president might offer something that maybe the republicans could go for. it wouldn't be a sweeping deal. gregg: like what? >> might be something smaller. well, it would be something that could potentially avoid the major tax hikes coming in january.
to craft a deal to avert looming tax hikes and spending cuts. with most of the hoist members on vacation until sunday night, no plan in sight. how much can actually be accomplished. susan fereccio joins us now. chief congressional correspondent for the "washington examiner". we're seeing dianne feinstein there on the senate floor. it is vacant on the house side. so in truth how much is really going to get done? >> well, gregg, a lot of this negotiations are really taking place...
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Dec 27, 2012
12/12
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what obama has been able to do is shift the argument from cutting and spending to now spending and borrowing. cutting is even part of it. >> we have to leave it there. coming up, it's the day after christmas. you know what that means? all the bad kids going bad. [laughter] >> let's tell you what the finalist got from santa. and this woman said she was fired from her job for being too sexy, her boss couldn't handle it. that's ahead on "the five." ♪ with the spark miles card from capital one, thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ] >> welcome back. it's been a rough couple months for republicans. they first lost the election -- i guess
what obama has been able to do is shift the argument from cutting and spending to now spending and borrowing. cutting is even part of it. >> we have to leave it there. coming up, it's the day after christmas. you know what that means? all the bad kids going bad. [laughter] >> let's tell you what the finalist got from santa. and this woman said she was fired from her job for being too sexy, her boss couldn't handle it. that's ahead on "the five." ♪ with the spark miles...
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Dec 26, 2012
12/12
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all of the spending will have to be accounted for somehow. the stage is set for an ugly plan. >> only in america! trivia time. we ask before bernie sanders, who is the last self-identified socialist to serve in congress? the answer is victor berger who served in the late 1920s. if you got that correct, got blegod bless you. you should be in the university system somehow. we'll be right back. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. and you wouldn't have it any other way.e. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. an
all of the spending will have to be accounted for somehow. the stage is set for an ugly plan. >> only in america! trivia time. we ask before bernie sanders, who is the last self-identified socialist to serve in congress? the answer is victor berger who served in the late 1920s. if you got that correct, got blegod bless you. you should be in the university system somehow. we'll be right back. so, this board gives me rates for progressive direct and other car insurance companies? yes. but...
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Dec 27, 2012
12/12
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on the table was $1.4 trillion in higher taxes over ten years, and $800 billion in lower spending. that's taking a lot of liquidity out of the economy. >> okay, barry, last question here. fill in the blanks for me. if we hold x, then this correction will not happen. >> if we hold, i mean, key support level certain little on the s&p 500. look for 1400, would be a key support level to hold there. we'd want to bounce back up. but what you really would be looking for, i showed on the charts, key resistance levels. what you really want to see, we have not been able to break above those resistance levels. you need to break above those resistance levels very convincingly if you're going to convince me there's going to be a rally in 2013. >> barry, thank you, joining us tonight from miami. >> thank you. >> you look what barry has to say? >> i think you should get a correction here. >> do you like the notion of the presidential cycles? >> i look more, you know, so, you're dealing right now, there are so many headlines out there and you are trying to decipher what's important, if you are foc
on the table was $1.4 trillion in higher taxes over ten years, and $800 billion in lower spending. that's taking a lot of liquidity out of the economy. >> okay, barry, last question here. fill in the blanks for me. if we hold x, then this correction will not happen. >> if we hold, i mean, key support level certain little on the s&p 500. look for 1400, would be a key support level to hold there. we'd want to bounce back up. but what you really would be looking for, i showed on...
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Dec 25, 2012
12/12
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president obama spending christmas eve on the links in honolulu with friends. while lawmakers relax at home for the holidays. right now the senate looks like it might be the only hope for a compromise deal. can a deal be struck? white house correspondent brianna is traveling with the first family in honolulu, hawaii. hey, brianna, good morning. >> good morning, to you, it's been many silent nights actually in washington these days. not because there's nobody there to sort of figure out what's going on with the fiscal cliff but also, because folks really aren't talking. we know the white house is talking to senate democrats as we look to the senate as he reconvene on thursday, really, the last-ditch effort to try to do something. as of yet, congressional democrats in the white house are not talking with congressional republicans. that's even at the staff level. what we're expecting now is that the senate majority leader harry reid will try to get something together to get republican support in both the house and the senate. but what they're looking at now is a s
president obama spending christmas eve on the links in honolulu with friends. while lawmakers relax at home for the holidays. right now the senate looks like it might be the only hope for a compromise deal. can a deal be struck? white house correspondent brianna is traveling with the first family in honolulu, hawaii. hey, brianna, good morning. >> good morning, to you, it's been many silent nights actually in washington these days. not because there's nobody there to sort of figure out...
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Dec 27, 2012
12/12
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FOXNEWSW
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what obama is able to do is shift the argument from cutting and spending to now spending and borrowing. cutting is part of it. >> eric: leave it there. coming up, the day after christmas. you know what that means? all the bad gifts are going back. tell you what the five of us got from san. the plus, this woman says she was fired from her job for from being too sexy. her boss couldn't handle it. her story ahead on "the five." ♪ ♪ >> andrea: welcome back. rough couple of months for republicans. they first lost the presidential election. i guess you can keep the music going. why not? losing ground for negotiation on deal for fiscal cliff so no surprise they are using hope for the future. "washington post"/abc news poll says 72% of the g.o.p. is fearful about what lies ahead in 2013. all right, so let's take a look at the 72% of republicans say they are very fearful, which is up by double digits than what they were i guess under president bush. so greg, are republicans more grounded in reason, they see the future as nail biter? >> greg: conservatives are vampire killers. liberals hate
what obama is able to do is shift the argument from cutting and spending to now spending and borrowing. cutting is part of it. >> eric: leave it there. coming up, the day after christmas. you know what that means? all the bad gifts are going back. tell you what the five of us got from san. the plus, this woman says she was fired from her job for from being too sexy. her boss couldn't handle it. her story ahead on "the five." ♪ ♪ >> andrea: welcome back. rough couple of...
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Dec 31, 2012
12/12
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can they resolve the disagreement offer spending cuts? democrats are resisting. they want a longer perhaps one-year delay and president obama was trying to rally those disappointed democrats with remarks that he just made by citing gains that he had won in terms of energy and education tax breaks he supported in the past and vowing to seek more revenue later on when we get to the discussion of entitlement cuts or what republicans believe is safer ground. saw some tweets saying he is trying to gum up the works. but there is the way the to and fro negotiation of president obama making sure his own troops are in line if he makes a deal. >> absolutely. talking to and fro, when president obama was speaking and saying a fiscal cliff deal was in sight, we saw the dow spike back above the 13,000 market pch pairing those gains a little bit as we speak. still below the 13k mark right now. we will watch this as we continue to get headlines. let's talk to aimian who is also falling a minute by minute changes. what is the latest in your camp? >> the deal john just outlined wo
can they resolve the disagreement offer spending cuts? democrats are resisting. they want a longer perhaps one-year delay and president obama was trying to rally those disappointed democrats with remarks that he just made by citing gains that he had won in terms of energy and education tax breaks he supported in the past and vowing to seek more revenue later on when we get to the discussion of entitlement cuts or what republicans believe is safer ground. saw some tweets saying he is trying to...